Single-Family Homes
Mon Jun 05 2023
This week the median list price for Atlanta, GA 30312 is $710,000 with the market action index hovering around 43. This is less than last month's market action index of 49. Inventory has increased to 21.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Median List Price | $710,000 | |
Median Price of New Listings | $525,000 | |
Per Square Foot | $344 | |
Average Days on Market | 77 | |
Median Days on Market | 70 | |
Price Decreased | 48% | |
Price Increased | 14% | |
Relisted | 52% | |
Inventory | 21 | |
Median Rent | ||
Market Action | 43 | |
Slight Seller's Advantage |
Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,999,900 | 4,050 | 4,500 - 6,500 sqft | 4 | 3.5 | 15 | 0 | 0 | 56 |
$799,900 | 2,050 | 0 - 4,500 sqft | 3 | 3.5 | 4 | 1 | 2 | 28 |
$656,000 | 2,034 | 0.25 - 0.5 acre | 3 | 2.5 | 103 | 1 | 0 | 63 |
$230,000 | 1,392 | 4,500 - 6,500 sqft | 3 | 1.8 | 21 | 1 | 0 | 84 |